2017 Legislature                            CS for CS for SB 896
    2         An act relating to the Florida Prepaid College Board;
    3         amending s. 1009.971, F.S.; revising the financial
    4         disclosures required to be filed by certain Florida
    5         Prepaid College Board members; amending s. 1009.983,
    6         F.S.; extending the repeal date of the direct-support
    7         organization for the Florida Prepaid College Board;
    8         providing an effective date.
   10  Be It Enacted by the Legislature of the State of Florida:
   12         Section 1. Subsection (2) of section 1009.971, Florida
   13  Statutes, is amended to read:
   14         1009.971 Florida Prepaid College Board.—
   16  shall consist of seven members to be composed of the Attorney
   17  General, the Chief Financial Officer, the Chancellor of the
   18  State University System, the Chancellor of the Division of
   19  Florida Colleges, and three members appointed by the Governor
   20  and subject to confirmation by the Senate. Each member appointed
   21  by the Governor shall possess knowledge, skill, and experience
   22  in the areas of accounting, actuary, risk management, or
   23  investment management. Each member of the board not appointed by
   24  the Governor may name a designee to serve on the board on behalf
   25  of the member; however, any designee so named shall meet the
   26  qualifications required of gubernatorial appointees to the
   27  board. Members appointed by the Governor shall serve terms of 3
   28  years. Any person appointed to fill a vacancy on the board shall
   29  be appointed in a like manner and shall serve for only the
   30  unexpired term. Any member shall be eligible for reappointment
   31  and shall serve until a successor qualifies. Members of the
   32  board shall serve without compensation but shall be reimbursed
   33  for per diem and travel in accordance with s. 112.061. Each
   34  member of the board who is not otherwise required to shall file
   35  a full and public disclosure of his or her financial interests
   36  pursuant to s. 8, Art. II of the State Constitution or s.
   37  112.3144 shall file a statement of financial interests pursuant
   38  to s. 112.3145 and corresponding statute.
   39         Section 2. Subsection (9) of section 1009.983, Florida
   40  Statutes, is amended to read:
   41         1009.983 Direct-support organization; authority.—
   42         (9) This section is repealed October 1, 2022 2017, unless
   43  reviewed and saved from repeal by the Legislature.
   44         Section 3. This act shall take effect July 1, 2017.